Snapshot · All-In with Chamath, Jason, Sacks & Friedberg
GEODNET's fully diluted market cap is approximately $150 million on $11M in current annualized revenue growing 3x per year — a very low valuation multiple for a fast-growing network.
Where this was said
At 49:33 · chapter starts 40:20
Kyle Samani pitches GEODNET — the world's largest decentralized RTK network — covering 80% of the global population with 22,000 nodes, $11M ARR growing 3x annually, and 80% revenue used to buy back GEO tokens.
GEODNET has 22,000 base stations deployed across 150 countries covering over 80% of the global population in just 3-4 years.
GEODNET just crossed $11 million in annualized run-rate revenue, growing more than 3x year over year, with 80% of revenue used to buy back tokens.
GEODNET buys $8.8M worth of GEO tokens on the open market every year — 80% of all revenue — from customers like John Deere and DJI. At a $150M fully diluted market cap growing 3x annually, it's an astonishingly cheap asset that barely anyone in traditional finance is watching.
The average GEODNET customer spends $60K/year in year one and grows to $170K/year by year two — roughly a 3x increase in annual revenue per customer.
Sam's initial MVP was coded in approximately one week using ChatGPT voice mode and copy-pasting code, with no prior technical experience.
Sam argues Discord is 10x better than email for building relationships with younger users who rarely check their inbox.
Sam's monthly operating costs include Cursor ($200), AI image generation ($100), AI video generation ($200), hosting ($100), email marketing ($80), and AI compute ($300–$500).
Sam recommends copying days of Discord chat history into ChatGPT and prompting it to list recurring pain points as a fast, free market research technique.
Bhanu and his team built approximately 50 free tools to attract search traffic, each linked back to SiteGPT.
With AI coding tools like Cursor, Bhanu can now create a new free marketing tool in less than 5 minutes by referencing existing tools.
Bhanu filters Ahrefs keyword results to show only those with a keyword difficulty below 10, making them realistic ranking targets for any decent website.
Bhanu sets a minimum search volume of 1,000 monthly searches when selecting keywords to target with free tools.
PropGPT averaged 20 downloads per day right after launching on the App Store through influencer marketing.
We use essential and analytics cookies to run Vuci. To understand how the site is used: Privacy Policy.
Install Vuci on your phone
Add it to your home screen for a faster, app-like experience.
Install Vuci on your phone
Tap the Share button, then “Add to Home Screen”.
A new version is available
Reload to get the latest Vuci.